THE IMPACT OF COVID-19 ON SODA ASH MARKET
WHAT IS SODA ASH MARKET?? Soda ash is also called the alkali ash. It is a kind of sodium bicarbonate which is mainly used for washing clothes. Sodium bicarbonate is a sodium salt crystal, which is in the powdered form and white in color. It tastes like alkali and it is odorless in nature. However, when it gets mixed up with water, it will no longer be odorless and it is also used as a solution for softening hard water. The soda ash is a widely demanded product and used in several industries all across the world. The growing industrialization and the rising demand of soda ash have resulted in the rapid growth of the soda ash market globally. If we talk about the year 2018, then the value of the growth rate of the soda ash market globally was in million dollars. And according to a study, the value of the global soda ash market is expected to reach very high by the end of year 2025 with an unbelievable growth rate of CAGR. The year 2018 was considered as a base year for the growth...